EUR/JPY

EUR/JPY losing upward momentum and looks will start a bearish correction. When the pair reach a support level and form a bullish reaction then traders could enter long positions. On the lower side, 148.50 – 151.50 is the area to watch for bounce reaction. Traders might want to avoid short positions as the trend is bullish.

Today’s critical levels to watch:

Support: 151.50, 148.50

Resistance: 155.00, 160.00, 162.87, 171.00

EUR/GBP

EUR/GBP made a bullish close yesterday but experience rejection from the 0.8580 – 0.8600 area. The pair might resume the bearish trend and continue printing a new lower low on the chart. If the pair could climb above the 0.8580 – 0.8600 area and close above it then the trend might turn bullish again.

Today’s critical levels to watch:

Support: 0.8600, 0.8580

Resistance: 0.8700, 0.8750, 0.8900, 0.9000

GBP/JPY

GBP/JPY looks will start a bearish correction after it reaches the level near 182.45. On the lower side, 178.50 is the nearest support level to watch. Traders will monitor the pair reactions near the level. If the pair could bounce from the support level then traders could enter long positions. 172.00 is the lower support level traders could monitor if the pair manage to reach it.

Today’s Critical level to watch:

Support: 178.50, 172.00, 170.00, 168.50

Resistance: 182.45

GBP/CHF

GBP/CHF continues attempting to build more bullish pressure to target the 1.1530 – 1.1600 resistance area. There is no indication yet that the pair will reverse the direction. If the pair start moving lower then traders will near the support level for a chance to enter more long positions.

Today’s critical levels to watch:

Support: 1.1200, 1.0500, 1.0000

Resistance: 1.1530, 1.1600, 1.1750